Sponsored by:

Status:

In the House - Unfavorable Report by Health and Government Operations; Withdrawn

Authorizing an owner of a life insurance policy with a face value of more than $10,000 to enter into a viatical settlement contract in exchange for payments to a health care provider for long-term care services for an individual; prohibiting the proceeds of specified viatical settlement contracts from being considered a resource or asset in determining an individual's eligibility for the Maryland Medical Assistance Program; etc.